270-993-9198
3332 Villa Point, Owensboro, KY for Rent

$18.00 USD /SF/yr

Retail - For Rent
1/17
2,000 SF | 2 Spaces

3332 Villa Point
Owensboro, KY 42303


HIGHLIGHTS

  • High-traffic arterial serving Owensboro's primary retail and commercial district
  • Surrounded by national retailers including McDonald's and Walgreens as immediate neighbors
  • 36,000+ daily traffic count on Highway 54
  • Dense population catchment with strong demographics
  • Proven retail destination with established traffic patterns

OVERVIEW

PRIME HIGHWAY 54 RETAIL INVESTMENT 3332 Villa Point, Owensboro, KY 42303 EXCEPTIONAL INVESTMENT OPPORTUNITY - $3,150,000 EXECUTIVE SUMMARY Discover a rare investment opportunity in one of Owensboro's most coveted retail corridors. This 20,000 SF multi-tenant retail building sits prominently on 3 acres at the high-traffic intersection of Highway 54 and Fairview Drive, offering investors stable income with tremendous upside potential. LOCATION ADVANTAGES ?? UNBEATABLE HIGHWAY 54 EXPOSURE Prime corner location at Highway 54 & Fairview Drive intersection Exceptional visibility with 400' frontage on Villa Point Drive and 220' on Fairview Drive High-traffic arterial serving Owensboro's primary retail and commercial district Surrounded by national retailers including McDonald's and Walgreens as immediate neighbors ?? STRATEGIC POSITIONING 36,000+ daily traffic count on Highway 54 Located in the heart of Owensboro's retail hub Fairview Drive widening project (2026) will enhance access and visibility Dense population catchment with strong demographics Proven retail destination with established traffic patterns INVESTMENT HIGHLIGHTS FINANCIAL PERFORMANCE Asking Price: $3,150,000 Building Size: 20,000 SF on 2.907 acres Established tenant base providing stable rental income Value-add opportunity with 2 vacant units ready for immediate leasing PROPERTY FEATURES Year Built: 2005 - Modern construction with 20+ years of useful life remaining Recently improved: Newly sealed and striped parking lot Multiple tenancy provides income diversification and reduced vacancy risk Flexible space configuration accommodates restaurants, professional offices, and retail Drive-thru capability maximizes tenant appeal and rental rates Ample parking: 60 spaces (3:1000 SF ratio) ensures customer convenience OPERATIONAL ADVANTAGES Tenant-controlled HVAC reduces owner maintenance responsibilities 10 exterior loading docks provide operational flexibility for tenants B-4 Business zoning allows wide range of commercial uses Professional property management in place through Gulfstream Commercial Services MARKET OPPORTUNITY OWENSBORO ECONOMIC STRENGTH Regional economic hub for Western Kentucky Stable employment base with diverse industries Growing population with strong retail spending patterns Limited new retail development creates supply constraints HIGHWAY 54 CORRIDOR DOMINANCE Primary retail and commercial thoroughfare Continuous traffic flow throughout business hours Established as Owensboro's premier shopping destination Surrounded by complementary businesses driving cross-shopping TENANT MIX & INCOME POTENTIAL CURRENT OCCUPANCY Multiple established tenants providing stable cash flow Diverse tenant mix reduces concentration risk 2 vacant units available for immediate income enhancement LEASING UPSIDE Prime spaces ready for restaurants, professional offices, or retail Drive-thru capability commands premium rents Strong tenant demand for Highway 54 locations Professional leasing team actively marketing vacant spaces KEY FEATURES: Corner lot positioning for maximum visibility Drive-thru capability Individual tenant HVAC control Multiple exterior loading docks Restaurant-ready infrastructure Professional office build-out potential INVESTMENT THESIS WHY NOW? Stable Income Stream: Established tenant base with reliable cash flow Immediate Upside: 2 vacant units ready for leasing Prime Location: Irreplaceable Highway 54 frontage Market Strength: Owensboro's continued economic growth Professional Management: Turnkey operation with experienced team IDEAL FOR: Private Investors seeking stable retail income REITs expanding Kentucky retail portfolios 1031 Exchange buyers looking for quality replacement property Local Investors familiar with Owensboro market strength

RENTAL DETAILS

SPACE AVAILABLE

2,000 SF

# OF SPACES

2

RENT RATE (MO)

$1.50 USD /SF/mo

RENT RATE (YR)

$18.00 USD /SF/yr

LEASE TYPE

Triple Net

LEASE LENGTH

1-20 Years

AVAILABLE

Now

BUILDING DETAILS

PROPERTY TYPE

-

TOTAL BUILDING SIZE

20,000 SF

YEAR BUILT

2005

PARKING SPACES

60

LAND DETAILS

LAND ACRES

3 AC

LAND SF

130,680 SF

ZONING

B-4

ASK ABOUT THIS PROPERTY

Scott HigdonGulfstream Commercial Services LLCMore Info
270-993-9198

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Scott HigdonGulfstream Commercial Services LLCMore Info
270-993-9198

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.